The appellees conclusively established 1. the stock was purchased with funds held in Ronald's name alone and 2. the stock was held in Ronald's name alone. Consequently, the appellees were entitled to rely on Ronald's authority to deal with the property, absent evidence of fraud or actual or constructive notice that he lacked authority.
July 05, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Texas Lawyer
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